Premier League Hits Season- Record ‘£1.4bn Transfer Spend’

Wednesday, September 13, 2017 Print Email

This year’s summer transfer window saw the football clubs from the premier league upping their game by increasing their expenditure by 23% when compared with the previous year. The premier league clubs incurred expenditure of approximately £1.4bn as per analysis from big four firm Deloitte.

On the deadline day of the transfer window, the clubs incurred expenditure of more than £210m which is a new record. The record broken was set at £155m in the last year’s summer transfer window. On average a club in the premier league incurred around £71m on transfer of players compared to £58m in the 2016 transfer window.

The clubs that spent the most on player transfers were Everton (£145m), Manchester United (£145m), Chelsea (£180m) and Manchester city (£215m). On the other side, only four clubs managed to record profit in this year’s summer transfer window (Arsenal, Burnley, Stoke City and Swansea City).

Clubs in the premier league spent £770m to sign players from clubs of foreign leagues, reflecting 54% of the total transfer expenditure while receiving £185m from foreign clubs with reference to transfer of players.

In addition to setting a new record with regards to spending on player transfers in a single season (£1.43bn), the clubs in the premier league also topped the list of spending the most in the previous calendar year with £1.64bn.

The gross spending by the clubs in the English Premier League has exceeded the figure £10bn since the first transfer window was launched in the year 2003.

The Partner in the sports business group at Deloitte, Dan Jones, said that clubs in the Premier League have made a new record by breaking their previous record of expenditure on player transfers for the sixth summer transfer window in a row. With continued growth in revenues for Premier League clubs mainly from broadcast rights, there is no surprise that English Premier League has continued to maintain its position as the leading football league with reference to player transfers in the world.

Out of the top 5 football leagues in Europe, the English Premier League has topped the list of spending the most on player transfers. Next is Serie A in the list with total gross spending of £735m (€800m). Serie A is followed by Ligue 1 with spending of £590m (€645m), Bundesliga with gross spending of £510m (€555m) and La Liga with spending of £500m (€545m).

Source: ReadyRatios

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